Idaho Banking Company

Headquarters

6010 Fairview Avenue
Boise, ID 83704
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Idaho Banking Company is an FDIC insured institution located in Boise, ID. It was founded in 1996 and has approximately $0.1 billion in assets.

FDIC Insured Yes
FDIC Certificate # 34317
Date Established 1996
Assets $ 95.93 million
Loans $ 50.96 million
Deposits $ 92.23 million
Capital $ 3.31 million
 

For a more detailed analysis of Idaho Banking Company's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Idaho Banking Company

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

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Payment
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Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,128 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

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People's United Bank, N.A.
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4.000 %
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Third Federal Savings and Loans
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2.990 %
$0 Learn More
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Note to Idaho Banking Company
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Branches

Idaho Banking Company branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Idaho Banking Company Locations


Financial Details

Idaho Banking Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Idaho Banking Company. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Idaho Banking Company U.S. Bank Average
123.37% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Idaho Banking Company had $3,735,000 in non-current loans and $5,038,000 in owned real estate. To cover these potential losses it had $3,309,000 in equity and $3,802,000 in loans loss reserves. That gives it a Texas Ratio of 123.37%.

Return on Equity
Idaho Banking Company U.S. Bank Average
-10.35% 7.80%

Idaho Banking Company has a Return on Equity of -10.35% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Idaho Banking Company U.S. Bank Average
3.45% 12.68%

Idaho Banking Company has a Capitalization of 3.45% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Idaho Banking Company Balance Sheet Analysis

As of June 30, 2014, Idaho Banking Company had assets of $95,933,000, loans of $50,961,000, and deposits of $92,231,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 50.96 million
Loan loss allowance $ 3.80 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 5.04 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 92.23 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 95.93 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Idaho Banking Company’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Idaho, Idaho Banking Company has a significantly higher percent of Small Business Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 20.64
Multifamily
Mortgages
0.00
Credit Card Loans 0.04
Consumer Auto Loans 0.08
Small Business Loans 39.22
Construction and Development Loans 1.20
Commercial Real Estate 62.74
Commercial and Industrial Loans 15.26
Farm Loans 0.84

Frequently Asked Questions About Idaho Banking Company

Branches and Savings

Is Idaho Banking Company FDIC insured?

Yes. It is covered under FDIC Certificate #34317.

Why does Idaho Banking Company pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Idaho Banking Company CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Idaho Banking Company a commercial bank?

Yes

Where are Idaho Banking Company locations?

See branch locations nearby.

Is Idaho Banking Company open on Saturdays?

Is Idaho Banking Company open on Sundays?

What time does Idaho Banking Company open?

What time does Idaho Banking Company close?

Are Idaho Banking Company ATMs Open 24/7?

Do Idaho Banking Company ATMs accept cash deposits?

Can Idaho Banking Company customers use other ATMs?

Do Idaho Banking Company branches have notaries?

Will Idaho Banking Company notarize my document?

What address for Idaho Banking Company should I put for incoming ACH transfers?

Will the Idaho Banking Company branch print checks?

Do Idaho Banking Company checks expire?

Does Idaho Banking Company require US citizenship to open account?

Can Idaho Banking Company close my account?

Does Idaho Banking Company Report to credit bureaus?

Does Idaho Banking Company Use Equifax?

What is Idaho Banking Company's ACH Routing Number?

What is Idaho Banking Company's SWIFT code?

Products

Does Idaho Banking Company offer mortgages?

Compare mortgage rates here.

Does Idaho Banking Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Idaho Banking Company offer personal loans?

Compare personal loan rates here.

Does Idaho Banking Company offer student loans?

Will Idaho Banking Company cash a check?

Will Idaho Banking Company redeem a savings bond?

Does Idaho Banking Company cash savings bonds?

Will Idaho Banking Company cash money orders?

Can Idaho Banking Company issue a money order?

Does Idaho Banking Company do currency exchange?

Background on The Bank

Who owns Idaho Banking Company?

How long has Idaho Banking Company been around?

Can Idaho Banking Company transfer to other banks?

Does Idaho Banking Company have quick pay?

Does Idaho Banking Company accept rolled coins?

Will Idaho Banking Company accept loose change?

Where is Idaho Banking Company headquarters?

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